Stocks to Watch: Zynga, Facebook, Zumiez, Splunk

Written by: Joseph Woelfel11/30/12 - 5:36 AM EST

Tickers in this article:
FB C ZNGA ZUMZ SPLK

NEW YORK -- Zynga(ZNGA) and Facebook(FB) modified the terms of their partnership.

Zynga shares fell 12% in after-hours trading Thursday after the company disclosed in a regulatory filing that it will no longer have to display Facebook ads or use Facebook payments on its own Zynga.com properties. Facebook will be permitted to develop its own games under the new partnership.

Splunk generated $52.05 million in third-quarter revenue, up 67% from a year earlier. On a non-GAAP basis, Splunk posted a loss of 1 cent a share. Analysts were looking for a loss of 2 cents a share on $46.67 million in revenue.

Splunk also gave fourth-quarter revenue guidance on Thursday that was above Wall Street estimates.